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Maker, one of the largest decentralized lending protocols, is led by a decentralized autonomous organization (DAO), in which holders of its native maker (MKR) token vote on proposals. The protocol also issues the $5 billion DAI stablecoin, backed by some $7 billion worth of assets in Maker’s reserves.
The post Crypto Lending Protocol MakerDAO Approves Transferring a Maximum of $500M of Circle’s USDC Stablecoin to Coinbase Custody appeared first on CryptoX.
